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17 September, 18:11

A check was written by a business for $549 but was recorded erroneously in the cash account as $459. How would this error be included on the bank reconciliation?

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Answers (1)
  1. 17 September, 20:22
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    A deduction on the book side.

    Explanation:

    An accounting error is a non-false inconsistency in financial documentation. The term is utilized in financial reporting.
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